Revenue Journal
Revenue journal
false
Deferred service revenue
The revenue recognition concept is commonly used in accrual form of accounting. This indicates revenue should only be recorded when and entity is completed to a substantial level.
Revenue Journal
Revenue journal
false
Deferred service revenue
The revenue recognition concept is commonly used in accrual form of accounting. This indicates revenue should only be recorded when and entity is completed to a substantial level.
It should not if it is properly recorded as a property easement.
February
Cash collected from sales of tickets should be charged to sales rather then unearned revenue so the correct entry is as follows: [Debit] Unearned Revenue xxxx [Credit] Sales revenue xxxx
You should contact the attorney who represented you at your closing and bring the error to her attention. The property will be mis-indexed in the land records and a corrective deed should be recorded at the attorney's expense.You should contact the attorney who represented you at your closing and bring the error to her attention. The property will be mis-indexed in the land records and a corrective deed should be recorded at the attorney's expense.You should contact the attorney who represented you at your closing and bring the error to her attention. The property will be mis-indexed in the land records and a corrective deed should be recorded at the attorney's expense.You should contact the attorney who represented you at your closing and bring the error to her attention. The property will be mis-indexed in the land records and a corrective deed should be recorded at the attorney's expense.
None. Revenue Code 250 is General Pharmacy. If the Drug has a CPT code it should be billed under 636, 637.
Protect the license and increase revenue
Tax should be recorded in the general journal because it is an expense.